NOT LISTED FOR SALE

226 Newman Ave New Orleans, LA 70121

Estimated Value: $425,000 - $518,962

5 Beds
4 Baths
2,265 Sq Ft
$214/Sq Ft Est. Value

Last Sold May 09, 2017

Current estimated payment $2,762/month

9 Days on Market

Highlights

  • Cottage
  • Oversized Lot
  • ENERGY STAR Qualified Appliances
  • Metairie Academy For Advanced Studies Rated A-
  • Porch
  • Central Heating and Cooling System

About This Home

As of May 2017

Charm Galore! Two to Three Houses on one lot by River in Old Jeff! If you are looking for a property with character, this is it. Property offers 2-3 br, 2 ba main, 2 br 2 ba guest, and 400sf additional cottage would need plumbing for usable space. Main home generator, electronic drive to carport, deep yard on main home and side yard for cottage. 3 driveways. Great potential. Currently rented. Appointment needed to show. Priced at most recent appraised value. Agent/Owner.

Last Agent to Sell the Property

RACHELE RILEY

Rachele Riley, Realtors LLC License #NOM:995700862 Listed on: 03/06/2017

Last Buyer's Agent

Kristi Cummings

KELLER WILLIAMS REALTY 455-0100 License #NOM:000012662

KELLER WILLIAMS REALTY 455-0100

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,146

Year Built

  • Built in 2013 | Remodeled

Lot Details

  • Lot Dimensions are 75x150
  • Fenced
  • Oversized Lot
  • Property is in very good condition

Home Design

  • Cottage
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 2,265 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • ENERGY STAR Qualified Appliances
  • Laundry in unit

Parking

  • 3 Parking Spaces
  • Carport

Utilities

  • Central Heating and Cooling System
  • SEER Rated 16+ Air Conditioning Units
  • Internet Available

Additional Features

  • Energy-Efficient Windows
  • Porch
  • Outside City Limits

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 70121226NEWMANAV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,146

Year Built

Built in 2013 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Other
  • Style: Cottage
  • Condition: Vrgd
  • ADA Features: No
  • Lp Amt Sq Ft: 176.16
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.00000
  • Year Renovated: 2013
  • Age: 100
  • Age Description: Resale
  • Age Description 2: Renovated cosmetic changes of at least 50% total living area - i.e. paint
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 2013

Interior Features

  • Room Count: 4
  • Estimated Living Area: 2265
  • Total Sq Ft: 2265

Exterior Features

  • Pool Type: None
  • Exterior: Other
  • ExteriorFeatures: Fence, Porch, Window Screens
  • Foundation: Raised
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Three or More, Carport
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: Natural
  • Heating: Central
  • Meter Set Up: Combined
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Oversized
  • Lot Size: 75x150
  • Parcel #: 70121226NEWMANAV

Green Features

  • Energy Efficient Features: Energy Star Appliances, HVAC 16Seer+, Windows
  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: Yes
  • Water Paid By: Tenant

Multi Family

  • Total Bedrooms All Units: 5
  • Total Full Baths All Units: 4
  • Total Units: 3
  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
May 9, 2017
Sold by
Basler Rachele A
Bought by
Campo Gabrielle E
Seller's Agent
RACHELE RILEY
Rachele Riley, Realtors LLC
Buyer's Agent
Kristi Cummings
KELLER WILLIAMS REALTY 455-0100
List Price
$399,000
Current Estimated Value
$471,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.99%
Original Mortgage
$362,316
Outstanding Balance
$302,066
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$168,713

Purchase Details

Closed on
Jul 30, 2010
Sold by
Black Charles W
Bought by
Basler Jonathan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,740
Interest Rate
4.76%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Campo Gabrielle E $369,000 Title Depot Of Louisiana Inc
Basler Jonathan M $267,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillman Justin $20,000
Open Campo Gabrielle E $362,316
Previous Owner Basler Rachele $303,825
Previous Owner Basler Jonathan M $272,740
Previous Owner Babin Elizabeth $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2017 05/09/17 Sold -- -- --
03/15/2017 03/15/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $399,000 -- $176 / Sq Ft
Source: Gulf South Real Estate Information Network

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,146 $35,060 $8,120 $26,940
2023 $3,626 $35,060 $6,500 $28,560
2022 $4,492 $35,060 $6,500 $28,560
2021 $4,172 $35,060 $6,500 $28,560
2020 $4,142 $35,060 $6,500 $28,560
2019 $4,258 $35,060 $6,500 $28,560
2018 $3,125 $35,060 $6,500 $28,560
2017 $3,976 $35,060 $6,500 $28,560
2016 $3,058 $27,500 $6,500 $21,000
2015 $3,003 $26,700 $5,200 $21,500
2014 $3,003 $26,700 $5,200 $21,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2092639

Gulf South Real Estate Information Network

APN: 0700000429